Local banks share their video tools to bring some virtual Christmas cheer to families.
Mixing automation technology with useful data and smart communication encourages seamless connections that solve problems during a busy season.
As community banks continue to innovate—a task that has only become more important since the COVID-19 pandemic began—regulators play two key roles in that process, ABA President and CEO Rob Nichols said during a virtual industry event today.
A major cyberattack announced over the weekend on SolarWinds—a security vendor that serves a wide range of military, private companies, government agencies, and academic institutions—may have allowed hackers to gain access to the emails, systems and data of several of its clients, including the Treasury and Commerce Departments, among others.
In remarks at an industry event today, Federal Reserve Vice Chairman for Supervision Randal Quarles discussed possible ways to improve the supervisory ratings system that regulators use to assess banks’ strength in various risk areas to make them “more consistent and more predictable.”
The Financial Crimes Enforcement Network released new guidance on the Patriot Act Section 314(b) information sharing program, FinCEN Director Kenneth Blanco said today at the ABA/ABA Financial Crimes Enforcement Conference.
During a session at the ABA/ABA Financial Crimes Enforcement Conference today, ABA announced its intent to partner with K2 Integrity, one of the preeminent global risk, compliance, investigations, and monitoring firms.
Banks have been investing in appointment tools and solutions long before the pandemic.
In response to feedback from banks and fintech providers, the Federal Reserve, working with other financial regulatory agencies, is developing a fintech vendor due diligence guide for community banks, that would provide specific information about the documents and information they need to successfully complete their due diligence obligations, Federal Reserve Governor Michelle Bowman said in a speech today.
It’s vital to verify data across sources to create a comprehensive 360-degree view of specific businesses.